Amazon Com Stock Price, News & Analysis

Amazon (AMZN) has expanded its Key by Amazon In-Garage Grocery Delivery service to over 5,000 U.S. cities, allowing millions of Prime members to receive their groceries securely in their garages. Originally launched in five cities, this service addresses the growing demand for convenience, as highlighted by a Morning Consult survey where 70% of Americans find grocery delivery beneficial. The service is available at no extra cost for eligible Prime members, requiring a compatible garage door opener for secure delivery.

Amazon (NASDAQ: AMZN) has launched the Intellectual Property Accelerator (IP Accelerator) in Canada, simplifying the process for small and medium-sized businesses (SMBs) to obtain trademarks and protect their brands. The service connects SMBs with local law firms offering reduced rates for IP services. More than 30,000 Canadian sellers have generated over $2 billion in sales through Amazon. The IP Accelerator builds on Amazon's Brand Registry, offering SMBs tools for brand protection even before trademark registration. Since its U.S. launch in 2019, IP Accelerator has facilitated over 6,000 trademark applications.

Amazon Web Services (AWS) has been selected by DISH Network as its preferred cloud provider to construct a cloud-native 5G network, aiming to transform the consumption of 5G services. This collaboration allows DISH to deploy the first standalone, cloud-based 5G Open Radio Access Network in the U.S., starting with Las Vegas. AWS’s infrastructure will enable DISH to automate operations, optimize costs, and facilitate new application development. The deal emphasizes agility and responsiveness, with potential applications across various industries, including smart factories, healthcare, and gaming.

Amazon (NASDAQ: AMZN) has announced nine new utility-scale wind and solar energy projects across the U.S., Canada, Spain, Sweden, and the UK, adding to its global total of 206 renewable energy projects with an electricity production capacity of 8.5 GW. This positions Amazon as the largest corporate buyer of renewable energy in Europe, contributing enough power for over two million homes. The projects support Amazon’s commitment to achieve 100% renewable energy by 2025 and its Climate Pledge to reach net-zero carbon by 2040.

Amazon.com, Inc. (NASDAQ: AMZN) will host a conference call on April 29, 2021, at 2:30 p.m. PT/5:30 p.m. ET, to discuss its first quarter 2021 financial results. The event will be available via live webcast, along with accompanying audio and slides, accessible for three months at www.amazon.com/ir. Investors can expect detailed discussions on earnings, revenue, and future outlook during this call.

Amazon Web Services (AWS) and Formula 1 (F1) are launching six new F1 Insights powered by AWS, enhancing fan engagement through real-time racing statistics. By the end of the 2021 season, there will be a total of 18 AWS-powered stats available, including 'Braking Performance,' debuting at the Italian Grand Prix from April 16-18. These insights leverage machine learning and advanced AWS technologies to analyze over 1.1 million data points generated per second by F1 cars. This collaboration enhances viewers' understanding of race strategies and performance dynamics.

Amazon Web Services (AWS) has launched AQUA for Amazon Redshift, a distributed and hardware-accelerated cache that enhances query performance by up to ten times compared to other cloud data warehouses. AQUA integrates compute capabilities directly into the storage layer, mitigating data movement and resulting in faster analytics. Available at no extra cost for users of Redshift RA3 instances, AQUA aims to streamline data handling and improve dashboard updates. This innovation follows the release of RA3 instances that already offer significant price-performance benefits.

Amazon today launched the next-generation Echo Buds, boasting an innovative design and advanced audio features. Key highlights include custom-designed Active Noise Cancellation, wireless charging, and enhanced microphones for superior call quality. Available in Black and Glacier White, the Buds start at $119.99, with a special limited-time price of $99.99. Additionally, eligible customers receive six months of Amazon Music Unlimited and Audible Plus at no cost. Pre-orders are now open at amazon.com/echobuds.